Insurance for Corporate, Subsidiary, and Regional Managing Offices

In this industry, employees manage, oversee, and administer the regional and international parts of their company. Examples include centralized administrative offices, head offices, corporate offices, holding companies that manage the district and regional offices, and subsidiary management offices.

Despite your business's best intentions and your rigorous quality assurance, something is going to happen to your business sooner or later. A liability lawsuit or even just paying for medical bills could cause a serious dent in your business finances, especially when you don't have insurance. Your insurance will help pay for the costs of medical fees and legal expenses when your business is held responsible.

There are many risks that corporate subsidiary and regional managing offices can face. Here are some of the common risks your business can face:

• Your business could catch fire, destroying your property in the process. The time it takes for your business to recover from a property loss could take a while.
• A customer inside your property slips and breaks a bone. While the medical expenses seem enough, the customer could file slip and fall claim.

The cost of your insurance varies on the type of business you offer, the number of employees you have and many other factors. Without taking into account these factors, here's an average cost for your insurance policies:

• General Liability insurance costs around $500 in annual premiums.
• Business Policy insurance costs around $800 in annual premiums.
• Commercial Property insurance costs around $400 in annual premiums.